162 Newlands DrivePaynesville VIC 3880
Property Details for 162 Newlands Dr, Paynesville
162 Newlands Dr, Paynesville is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1990. The property has a land size of 935m2 and floor size of 185m2.This Property is currently listed for sale with King & Heath First National - PAYNESVILLE
Last Listing description (September 2026)
Come and discover this four-bedroom property, offering generous living spaces, excellent entertaining areas in a fantastic location.
At the heart of the home is a spacious open-plan kitchen and living area, creating a warm and inviting space for everyday family living. The kitchen flows seamlessly into the generous loungeroom, while the wood heater adds a cosy touch and makes this a welcoming space to relax throughout the cooler months.
Down the hallway, you'll find four bedrooms, two bathrooms and a study area, providing plenty of room for family and guests. The main bedroom is complete with its own ensuite, adding privacy and convenience, while the versatile European laundry, incorporated into the kitchen, makes excellent use of the available space.
Set on approximately 935sqm, the property offers plenty of room to move. Side access provides a convenient connection from the double carport through to the open yard, where you'll also find a shed, offering valuable storage and additional versatility.
For investors, there is an added opportunity. The property has been successfully operated as short-stay accommodation and is locally managed by Gippsland Lakes Escapes, providing an established income-generating option for those looking to add to their investment portfolio.
Whether you're searching for a family home, a holiday retreat or an investment opportunity, this is a property you'll definitely want to see.
Property History for 162 Newlands Dr, Paynesville, VIC 3880
- 04 Sep 2026Listed for Sale $670,000
- 27 Aug 2021Sold for $575,000
- 11 May 2021Listed for Sale $599,000
Recent sales nearby
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0About Paynesville 3880
The size of Paynesville is approximately 7.0 square kilometres. There are 8 parks, covering nearly 3.7% of the total area. The population of Paynesville in 2016 was 3480 people. By 2021 the population was 3636 showing a population growth of 4.5% in the area during that time. The predominant age group in Paynesville is 70-79 years. Households in Paynesville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paynesville work in a professional occupation.In 2021, 76.30% of the homes in Paynesville were owner-occupied compared with 71.50% in 2016.
Paynesville has 3,374 properties. Over the last 5 years, Houses in Paynesville have seen a 15.22% increase in median value, while Units have seen a 17.36% increase. As at 31 August 2026:
- The median value for Houses in Paynesville is $595,888 while the median value for Units is $387,576.
- Houses have a median rent of $500 while Units have a median rent of $390.
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